Category: Volume
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Volume Up 90% — Good For ETH Price?
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Ethereum (ETH) has become a beacon in the sea of blockchains, seeing a staggering 92% increase in decentralized application volumes over the past week. However, this news comes with a layer of complexity, revealing a landscape of potential opportunities and setbacks for the leading blockchain. Related reading Cheap gas fuels…
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Burn Rate Surges 16,854%, Trading Volume Rises 170%
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Shiba Inu (SHIB) July started on a positive note, with many Scales on the chain Drawing a bullish signal for the second largest meme coin by market cap. These bullish developments could provide a much-needed turnaround for the meme coin, which has been June to forget. SHIB burn rate increased…
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Burn Rate Surges 16,854%, Trading Volume Rises 170%
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Shiba Inu (SHIB) July started on a positive note, with many Scales on the chain Drawing a bullish signal for the second largest meme coin by market cap. These bullish developments could provide a much-needed turnaround for the meme coin, which has been June to forget. SHIB burn rate increased…
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Solana’s Stablecoin Volume Plummets To $7 B From $100 Billion
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Solana, The blockchain platform heralded as a rising star in the decentralized finance (DeFi) space has found itself at the center of a stunning revelation. According to recent reports, the platform’s daily stablecoin trading volume, which was once estimated at $75-100 billion, has dropped by a staggering 93% to just…
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Solana’s Stablecoin Volume Plummets To $7 B From $100 Billion
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Solana, The blockchain platform heralded as a rising star in the decentralized finance (DeFi) space has found itself at the center of a stunning revelation. According to recent reports, the platform’s daily stablecoin trading volume, which was once estimated at $75-100 billion, has dropped by a staggering 93% to just…
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Ripple (XRP) Trading Volume Soars Amid Ongoing Market Turbulence
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Ripple’s XRP has been one of the cryptocurrencies that has managed to maintain relative stability during the ongoing market turmoil. In fact, it has added 0.62% to its price over the past 24 hours and remains confined to a relatively narrow range at around $0.48. XRP trading volume increases Data…
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Here’s How Much Stablecoin Transfer Volume Has Increased Over the Past 4 Years
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According to Token Terminal data, monthly stablecoin transfer volume rose to over $1.68 trillion in April, representing a significant increase from the $100 billion recorded in October 2020. This 16-fold increase highlights the potential of stablecoins in enhancing financial operations and facilitating cross-border transfers. Record-breaking stablecoin volumes In a recent…
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Tron Network’s USDT Surpasses Visa’s Daily Transaction Volume
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The world of finance is undergoing a profound transformation, as the emergence of decentralized technologies challenges the dominance of traditional payment transactions and credit cards. In a notable development, the Tron network has achieved a milestone, with daily USDT transaction volume exceeding the average daily trading volume of global payment…
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Tron Network’s USDT Surpasses Visa’s Daily Transaction Volume
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The world of finance is undergoing a profound transformation, as the emergence of decentralized technologies challenges the dominance of traditional payment transactions and credit cards. In a notable development, the Tron network has achieved a milestone, with daily USDT transaction volume exceeding the average daily trading volume of global payment…
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AI Crypto Fetch.ai (FET) Experiences Significant Volume Surge Of 200% Ahead Of Token Merger
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Credit: BTC News The world of artificial intelligence (AI) and cryptocurrencies has been full of excitement, and Fetch.ai (FET), a leading crypto project focused on artificial intelligence, has been at the forefront of this dynamic scene. In a remarkable turn of events, FET has recently seen a meteoric rise, rising…
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Doo Group Clocks $106.53 Billion in May Trading Volume
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XRP Ledger Daily Payment Volume Soars 350%, Hitting 2 Million Transactions
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As a hadith of my path a report As shown, the XRP Ledger (XRPL) showed significant progress during the first quarter of 2024. The decentralized public blockchain, which facilitates the transfer of XRP, fiat currencies, and other digital assets, has shown significant activity. XRP ledger burn rate slows amid low…
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XRP Ledger Daily Payment Volume Soars 350%, Hitting 2 Million Transactions
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As a hadith of my path a report As shown, the XRP Ledger (XRPL) showed significant progress during the first quarter of 2024. The decentralized public blockchain, which facilitates the transfer of XRP, fiat currencies, and other digital assets, has shown significant activity. XRP ledger burn rate slows amid low…
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HTX Surpasses Coinbase in Spot Trading Volume for the First Time: Data
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In a shift within the cryptocurrency exchange landscape, HTX has surpassed Coinbase in spot trading volumes for the first time. The milestone was announced by Justin Sun, founder of the TRON blockchain and global advisor to HTX, via a post on social media platform X on May 27. Sun declares…
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HTX Surpasses Coinbase with $2.4 Billion Spot Trading Volume Surge
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Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion…
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Bybit Crosses 30 Million User Threshold amid Sixfold Volume Jump
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Cryptocurrency exchange Bybit has surpassed 30 million registered users globally. The exchange, one of the largest by spot volume, has increased its customer base by 10 million over the past six months. Bybit exceeds 30 million registered users At the end of November last year, Bybit celebrated its fifth anniversary…
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Bitcoin price surges past $70k as daily trading volume soars
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Bitcoin (BTC) rose to $70,000 on Monday, its first rise to that level in more than a month. At the time of writing, Bitcoin’s price is up 5.8% in the past 24 hours and more than 10% in the past week. This increase comes ahead of the FIT21 Act vote…
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Gildencrest Capital (formerly TeraFX) Doubles 2023 CFDs Trading Volume
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Hong Kong Bitcoin ETFs Record Only $8.5 Million Volume on First Day
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Recently approved Hong Kong spot bitcoin ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6 Bitcoin and Ethereum ETFs last week. New: ?? Hong Kong District Opening Ceremony #Bitcoin ETFs ? pic.twitter.com/ux1eb5PqRn – Bitcoin Magazine (@BitcoinMagazine)…
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Saxo Bank’s FX Volume Recovers in April, Equities Hit Record
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After a shy month, demand for Saxo Bank’s forex instruments rose again in April. According to the latest figures, the monthly volume of Forex instruments on the platform reached $99.3 billion last month. The daily average also improved to $4.5 billion. Forex trading volume is recovering from the bottom The…